International Lithium (CVE:ILC) Shares Down 25% – What’s Next?

International Lithium Corp. (CVE:ILC)’s stock price traded down 25% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 271,100 shares were traded during trading, an increase of 259% from the average session volume of 75,609 shares. The stock had previously closed at C$0.02.

International Lithium Trading Up 33.3%

The firm’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.01. The company has a current ratio of 43.32, a quick ratio of 54.82 and a debt-to-equity ratio of 2.78. The stock has a market cap of C$4.97 million, a P/E ratio of -2.00 and a beta of 1.03.

International Lithium Company Profile

International Lithium Corp. engages in the investment, exploration, and development of mineral properties in Canada, Zimbabwe, and Ireland. It primarily explores for lithium, rubidium, caesium, and rare metal deposits. The company primarily focuses on the Raleigh Lake Lithium and Rubidium Project located in Canada and identifying additional properties in Canada and Zimbabwe.